Encanto Potash Corp V.EPO.H

RE:RE:The real Alpha

[Alpha101]

Derthebear wrote: At .10 with with a 10 to 1 reverse split we would be at 1$ with 51 m shares fully diluted ... Then we would probably be eligible on paper but that would be a kick in the nuts ! The share price would plum back down very quickly ... No to a consolidation 

I just posted this.....I don't like consolidations and I have no information that Encanto is considering taking such a step.  I hope they are not and I would oppose a consolidation unless I clearly understood the reason for that action.

If it's just to reduce the number of shares so they can sell more.....it's a bad thing and wrong.

On the other hand, if they announce the trading company has a huge order from MMTC and they are going to sign the offtake next week and mine financing has been secured and construction has already started.....that would be a different story so if they then said they wanted to do some house keeping and reduce the number of shares then I would have to listen carefully.

The above paragraph is just an example...."a for instance" scenario...what I'm saying is that I just don't know what they're going to do or when so I'm just going to sit back and watch the show.

I see no reason to panic.  Have a good weekend, everyone!